States, Intergovernmental Relations - E-book

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States, Intergovernmental Relations, And Market Development - ENG

Comparing Capitalist Growth In Contemporary China And 19th Century United States

Jinhua Cheng

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Sinopsis

ISBN:	9781137583574
Formato:	ePub
Idioma:	Inglés
Editorial:	Springer Nature
Tema:	Ciencias políticas
Subtema:	Relaciones Internacionales general
Año de publicación:	2018-05-17

This book is a theoretical and empirical analysis of institutional foundation of long-term economic growth from the perspective of state-market and central-local relations. The book argues that, in order to safeguard sustainable market development, it is necessary to centralize certain functions of the state to overcome local predatory governmental rulings, and to decentralize others to increase local governmental market incentives, simultaneously. This institutional approach is conceptualized as â€œDual Intergovernmental Transformation for Market Developmentâ€? (DITMD). This book develops the DITMD model through an in-depth empirical comparison on contemporary China and the 19th-century United States.

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